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Author Topic: Tax  (Read 7396 times)
Nym90
nym90
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*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« on: September 01, 2004, 12:34:11 AM »

End all taxes and the great majority of user fees, except the income tax. Raise that whatever amount would be required to make up the difference.
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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« Reply #1 on: September 01, 2004, 12:40:26 AM »

End all taxes and the great majority of user fees, except the income tax. Raise that whatever amount would be required to make up the difference.

I say end all taxes except Sales Tax.  That way the Government isn't forcing all it's taxing policies down your throat, but you choose to pay taxes by purchasing items...I feel that the Government has no right to take people's income.

Do the people have a right to benefit from services from the government? Is it fair that people get to make more money due to the existence of the public schools, police, military, roads, etc?

If so, why doesn't the government have the right to make people pay for these things rather than giving them away for free?
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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« Reply #2 on: September 01, 2004, 12:42:25 AM »

End all taxes and the great majority of user fees, except the income tax. Raise that whatever amount would be required to make up the difference.

I say end all taxes except Sales Tax.  That way the Government isn't forcing all it's taxing policies down your throat, but you choose to pay taxes by purchasing items...I feel that the Government has no right to take people's income.

Except that only the wealthy would get to choose. The poor have to spend almost all of their money in order to survive, so they have no choice at all. The wealthier you are, the more of a choice you have.

Also, the drastic increase in the sales tax that would be necessary would be devastating to the economy. All prices nationwide would instantly go artifically up dramatically. Is that really good for the economy, to create an incentive for people to save their money and not spend it? Think about it....
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Nym90
nym90
Atlas Icon
*****
Posts: 16,260
United States


Political Matrix
E: -5.55, S: -2.96

P P P

« Reply #3 on: September 01, 2004, 12:56:59 AM »

Yes, but under my plan, most people would pay less, not more, since most poor and middle class citizens pay a lot more in other taxes besides income tax than they do in income tax. By the time you tally up user fees, payroll taxes, property taxes, sales taxes, etc., most people pay more in all of those than they do in income tax.

Even there, many wealthy people pay a lot in property tax, so they'd be helped by its elimination. Also, capital gains tax, estate tax, inheritance tax...all gone.

Eliminating the sales tax would result in a nationwide 6% reduction in prices (or whatever the sales tax is in your state...here it's 6%). That would be very good for the economy.

Under my plan, prices would be lower and the majority of Americans would have more money, not less.
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